Litecoin, Decentraland, Uniswap Price Analysis: 04 May

The altcoin market posted relatively high losses in the past few hours as Bitcoin saw a brief dip beneath the $38k mark, to post a low of $37.5k. This sent a ripple of fear across the market, but Bitcoin was attempting to flip $38k back to support at the time of writing.

Timeline of Litecoin, Decentraland, Uniswap

Uniswap price analysis recently shows a prevailing downtrend as the prices look to break below the $8.0 support level. The digital asset is presently changing hands at $8.22 after losing 5.47 percent of its value over the last 24-hours.

Uniswap seems to be making headway, not in recovering prices, but in falling to the lowest imaginable levels this month. As a result, investors who have been holding out hope are slowly realizing that they might have to lose their optimism soon.

For most of the past year, the price of Litecoin has been declining. LTC fell below $300 in November after failing to stay above that level. Since January, the coin has been testing the $100 mark. The overall sentiment in the crypto market, though, remains gloomy. Although this cryptocurrency has been hitting lower highs, which …

The interest in cryptocurrencies continues to wane in 2022, as does Litecoin's popularity. The trading volume of Litecoin was eight times lower in the first quarter of 2022 than it was in the first quarter of 2021.

Uniswap price analysis is bullish UNI prices are currently trading above the $8.2 level Support for UNI/USD prices is present at $8.0 The Uniswap price analysis reveals that Uniswap prices have been trading sideways over the past few days as bulls move above $8.2. The token has seen some selling pressure around this.

Due to the bearish trend in the crypto market, the trading volume of Litecoin in the first quarter of 2022 was eight times below that of Q1 2021.  The post Litecoin (LTC) Trading Volume Crashes More Than $590 Billion in Quarterly Low appeared first on BeInCrypto.

As it appears to be, cryptocurrency investors nowadays are just looking for an opportunity to jump into the space. And, for the same reason ‘buy the dip' and stacking sats, seem to be trending every time Bitcoin's price has dropped over the last two months.

Singaporean billionaire Kwek Leng Beng's Millennium Hotels and Resorts and the billionaire Lo family's Regal Hotels Group in Hong Kong are taking their first steps into the metaverse after purchasing virtual properties in blockchain gaming platforms Decentraland and the Sandbox.

Thanks to Decentralized Finance (DeFi), strangers on the internet are now able to access financial services on decentralized exchanges with no middlemen. With a total of $7b worth of liquidity committed in the protocol, Uniswap remains a leading entity in the DeFi space.

Uniswap's native cryptocurrency UNI is eying its 2022 low courtesy of its downtrend from its March peak. UNI's price action has been correcting since the start of April, with the alt having already undone its March gains.